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As on : 03-Sep-2025
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03-Sep-2025     09:51

Moil surges after recording production of 1.45 lakh tonnes in August 2025

On the sales front, the company recorded deliveries of 1.13 lakh tonnes in August 2025, reflecting a growth of 25.6% on year-on-year (YoY) basis.

Further, during April'August 2025, MOIL recorded its best-ever performance with 7.92 lakh tonnes of production (up 9.3% YoY) and 50,621 meters of exploratory drilling (up 8.6% YoY).

MOIL is a Schedule 'A' Miniratna Category-I public sector undertaking (PSU) that is engaged in the business of mining and supplying manganese. At present, the company operates its underground and opencast mines located in the Nagpur and Bhandara districts of Maharashtra and Balaghat district of Madhya Pradesh.

The company's consolidated net profit declined 66.19% to Rs 51.51 crore as revenues fell by 29.38% to Rs 348.06 crore in Q1 FY26 as compared with Q1 FY25.

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